Mir­ror­ing fed­er­al ef­forts, De­San­tis signs new law on drug price trans­paren­cy, PBM re­forms

Flori­da Gov. Ron De­San­tis on Wednes­day signed in­to law new PBM re­forms that po­ten­tial­ly will keep clos­er tabs on the phar­ma mid­dle­men, while al­so re­quir­ing phar­ma com­pa­nies to dis­close any large price in­creas­es.

New in­creas­es of 15% or more of the whole­sale ac­qui­si­tion cost of a drug cost­ing $100 or more, dur­ing the pre­ced­ing 12-month pe­ri­od, or any cu­mu­la­tive in­crease of 30% or more of the WAC dur­ing the pre­ced­ing cal­en­dar year, will now have to be re­port­ed to the state.

Unlock this article instantly by becoming a free subscriber.

You’ll get access to free articles each month, plus you can customize what newsletters get delivered to your inbox each week, including breaking news.

SIGN UP LOG IN BECOME A PREMIUM SUBSCRIBER